ESPN’s Shams Charania reports that the Bucks acquired Tyler Herro, Kel’el Ware, Jaime Jaquez Jr., Kasparas Jakučionis and multiple draft picks from the Heat for Giannis Antetokounmpo and Bobby Portis.
The long-rumored trade between the Heat and Bucks is finally done, and Herro, a native of the Milwaukee area, is headed back home. Coming off of his first All-Star season, the 2025-26 campaign was one to forget for the guard, who was limited to 33 games due to injuries. Herro was effective when healthy, averaging 20.5 points, 4.8 rebounds, 4.1 assists and 2.5 three-pointers per game, shooting 48.0 percent from the field and 91.7 percent from the foul line. There have been some rumors that Milwaukee could look to move Herro elsewhere. However, if he were to stay, the guard would be a key building block in the post-Giannis era of the franchise. That status would raise his fantasy ceiling, even if Herro’s efficiency could suffer.